Category Archives: General

Fitch Rates US Debt AAA –

Posted on 17. August 2011 by Jim Sutliff

On Tuesday, Fitch Ratings announced that they were keeping U.S. debt at a AAA rating.  In addition, the outlook was kept at stable.  Moody’s has U.S. debt rated AAA with a negative outlook.  Fitch Ratings indicated that the outlook could change to negative if Congress … Continue reading →

Posted in Administrative, Budget, Business, Economy, Federal Reserve, General, Treasury | Leave a comment

Bachmann Wins Straw Poll –

Posted on 14. August 2011 by Jim Sutliff

Michelle Bachmann won the Ames straw poll with 4,823 votes.  Ron Paul  came in second with 4,671 votes and Pawlenty finished third with 2,293 votes.  Rick Perry received 718 write-in ballots and is considered a top tier Republican candidate.  Perry announced … Continue reading →

Posted in 2012, Debate, Election, Fundraising, General, Politics, Presidential, Republican | Leave a comment

Rick Perry Set To Declare –

Posted on 12. August 2011 by Jim Sutliff

A spokesman for Texas Governor Rick Perry has indicated that Perry will run for President.  The Republican is expected to announce his candidacy on Saturday.  Rick Perry has a strong record as Governor and proven fundraising skills.  Perry will be a top … Continue reading →

Posted in 2012, Election, Fundraising, General, Governor, Politics, Presidential, Republican | Leave a comment

Munis Downgraded –

Posted on 9. August 2011 by Jim Sutliff

Standard and Poor’s downgraded over 11,000 municipal bonds that are closely tied to the federal government.  The downgrades in the muni market were expected after Standard and Poor’s downgraded U.S debt last Friday.  The munis will now have the AA+ … Continue reading →

Posted in Administrative, Budget, Business, Economy, General, Infrastructure | Leave a comment

Debt Concerns Grow –

Posted on 6. August 2011 by Jim Sutliff

World leaders are meeting this weekend to discuss the debt crises in Europe and the United States.  The downgrade of U.S. debt by Standard and Poor’s on Friday will test the strength of financial markets.  Also, markets may negatively react if the … Continue reading →

Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, Federal Reserve, General, Politics, Presidential, Republican, Tax, Treasury | Leave a comment

Senate Supports Debt Plan –

Posted on 2. August 2011 by Jim Sutliff

The Senate voted 74-26 in support of the debt plan.  The plan was supported by 46 Democrats and 28 Republicans.  The plan is expected to cut spending by $2.4 trillion and raise the debt ceiling by $2.1 trillion.  However, most of … Continue reading →

Posted in Administrative, Budget, Business, Democrat, Economy, Election, General, Infrastructure, Politics, Republican, Tax | Leave a comment

House Passes Debt Legislation –

Posted on 1. August 2011 by Jim Sutliff

The House passed legislation to raise the debt ceiling with a vote of 269-161.  Only 66 Republicans opposed the bill and 95 Democrats supported the legislation.  The legislation will raise the debt ceiling by $2.1 trillion and cut federal spending by $2.4 trillion.  … Continue reading →

Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Politics, Presidential, Regulatory, Republican | Leave a comment

Congress Close To Debt Deal –

Posted on 31. July 2011 by Jim Sutliff

Congress is close to an agreement on a deal to raise the debt ceiling.  Republican and Democratic Senators are meeting on Sunday in an attempt to finalize a deal before the financial markets open on Monday.  The Dollar fell against all … Continue reading →

Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Politics, Presidential, Regulatory, Republican | Leave a comment

Oil Sands Pipeline Bill –

Posted on 27. July 2011 by Jim Sutliff

The Republican controlled House passed a bill that would require the Obama administration to approve or deny a permit for an oil sands pipeline by November 1st.  The bill passed the House with a vote of 279-147.  The Canadian pipeline would provide … Continue reading →

Posted in Administrative, Business, Congress, Democrat, Economy, Energy, Environment, General, Infrastructure, International, Politics, Presidential, Regulatory, Republican, Trade | Leave a comment

Moody’s Lowers Credit Rating For Greece –

Posted on 25. July 2011 by Jim Sutliff

Moody’s lowered the credit rating for Greece and indicated that they will likely be in default.  After the debt exchange of the EU rescue package, Moody’s may raise the credit rating.  Standard & Poor’s and Fitch rate Greece similarly to … Continue reading →

Posted in Administrative, Business, Economy, General, International | Leave a comment

Republican Camp Talks Debt Deal –

Posted on 23. July 2011 by Jim Sutliff

Republican Congressman Dave Camp predicted that there will be a compromise to raise the $14.3 trillion debt ceiling by August 2nd.  Camp would like the debt deal to include an overhaul of the tax code.  In addition, Camp has indicated that any … Continue reading →

Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Politics, Presidential, Republican, Tax | Leave a comment

Boehner Predicts Compromise –

Posted on 21. July 2011 by Jim Sutliff

Republican John Boehner predicted that the GOP will compromise on raising the debt ceiling.  The House Speaker expects a majority of the Republicans will approve a modified plan proposed by the Senate even without a balanced budget amendment.  According to Democratic … Continue reading →

Posted in 2012, Administrative, Budget, Congress, Democrat, Economy, General, Politics, Presidential, Republican | Leave a comment

States May Face Downgrade –

Posted on 19. July 2011 by Jim Sutliff

Moody’s has indicated that bond ratings of some states may be downgraded if the debt limit is not raised.  The states that depend heavily on federal revenue are likely to be hurt most by a default.  Five states with high bond ratings that … Continue reading →

Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Infrastructure, Politics, Presidential, Republican | Leave a comment

Republican McConnell Offers Debt Plan –

Posted on 12. July 2011 by Jim Sutliff

Republican Senator Mitch McConnell has a backup debt plan in the event that a broader compromise isn’t reached.  The McConnell debt plan would raise the debt ceiling in three increments over the next 18 months.  The plan is a backup … Continue reading →

Posted in Administrative, Budget, Democrat, Economy, General, Republican | Leave a comment

Obama News Conference Set For Monday –

Posted on 10. July 2011 by Jim Sutliff

The debt negotiations between Republicans and Democrats have broke down and are scheduled to start again on Monday morning.  In addition, Obama is set to hold a press conference relating to the debt negotiations at 11 AM on Monday morning.  To read … Continue reading →

Posted in Administrative, Budget, Congress, Democrat, Economy, General, Politics, Presidential, Republican | Leave a comment